D
Dynelectro
Unique method extending life expectancy of solid oxide electrolysis (SOE) from two years up to ten years
About Dynelectro
Dynelectro is a Denmark-based startup that specializes in the production of green hydrogen, a clean and renewable energy source. The company has developed a proprietary method that extends the lifespan of solid oxide electrolysis (SOE) from two years to ten years. SOE is a process that uses electricity to split water into hydrogen and oxygen, which can then be used as a clean energy source.
Read full description
Dynelectro's unique method involves the use of dynamic control to balance intermittent power in green fuel production. This innovative approach not only extends the life of the SOE but also significantly reduces the cost of green hydrogen production. The company's technology is based on commercially available hardware, making it a cost-effective solution for green energy production.
Dynelectro's primary market is the renewable energy industry, specifically the emerging Power-to-X market. Power-to-X refers to technologies that convert electricity into other forms of energy or commodities. The company's clients include Siemens Gamesa Renewable Energy, a global leader in the renewable energy industry, and PowerCon, a company that sees great commercial potential in Dynelectro's project.
The company generates revenue through the sale of its patented technologies and the production of green hydrogen. Dynelectro holds several significant patents that have the potential to revolutionize hydrogen technology and Power-to-X.
In conclusion, Dynelectro is a forward-thinking startup that is making significant strides in the renewable energy industry. Its innovative approach to green hydrogen production has the potential to drive the transition towards a more sustainable world.
At a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Copenhagen, Denmark
- Employees
- 34
- Open positions
- None listed
- Dealroom signal
- 89.1/100
- Sub-industry
- Clean Energy
- Sector
- Energy, Hydrogen, Spinout, Sustainable Development Goals, EIC, EIC Fund, Climate Tech, Electrolysis, Green Hydrogen, Hydrogen Production
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Jul 2024 | $9.9M | — | Shell | ↗ |
| EARLY VC✓Equity / VC | Jul 2024 | $12M | $48M | European Investment Bank · PSV · Yara Growth Ventures · Export and Investment Fund of Denmark | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Dynelectro is 1.6K monthly website visits, up 154% over the last three months. Dynelectro's team grew 9.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
European Innovation Council
Export and Investment Fund of Denmark
PSV
Vsquared Ventures
Anders Kjær
Horizon Europe
Shell
Series A4 investors entered at this stage
EIC Fund
The Footprint Firm
Yara Growth Ventures
European Investment Bank
Other known investors1 additional known investor
Technical University of Denmark
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Dynelectro on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Dynelectro’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.